Bitcoin: A must-see macro analysis (wicks considered).
(considering wicks)
Simplicity is the ultimate sophistication.
This macro analysis depicts the Bitcoin bull-run in a macro scale.
If my calculations are right, BTC will top @ exactly $338,145.57 USD before getting into a bear market cycle.
This has always happened before; I suggest you refer to a plain Bitcoin chart to see the cycles at its finest by yourself and prove my word.
"Those who don't know history are doomed to repeat it"; we can always see the left side to forecast what will ocurr in the right side. Bitcoin works in cycles.
Simplicity is the ultimate sophistication.
This macro analysis depicts the Bitcoin bull-run in a macro scale.
If my calculations are right, BTC will top @ exactly $338,145.57 USD before getting into a bear market cycle.
This has always happened before; I suggest you refer to a plain Bitcoin chart to see the cycles at its finest by yourself and prove my word.
"Those who don't know history are doomed to repeat it"; we can always see the left side to forecast what will ocurr in the right side. Bitcoin works in cycles.
Note
As this is a macro analysis, it is extremely difficult to make an exact calculation; other important prices I got depending of the calculations made were:$147,881.81
$162,590.07
$218,987.52
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.